Drywood, MO is a small town located in the heart of Missouri. It is known for its quiet, friendly atmosphere and low living costs. 2 bedroom rentals are significantly lower than the average US rate of $1,430 per month, costing only $800. Additionally, the Grocery Cost Index in Drywood is 90 compared to 100 in the US. This makes food more affordable for residents here.
The town offers a variety of local businesses such as the Drywood Market & Gas Station, Jones Hardware Store, and The Old Mill Restaurant. These stores have been serving residents for generations and provide an array of products which can be used to enhance living conditions in Drywood. In addition to these stores, Drywood also has a post office and several churches that cater to all religions and beliefs.
Drywood has an unemployment rate of 3.5%. The US average is 6.0%.
Drywood has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Drywood
- The Sales Tax Rate for Drywood is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Drywood is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Drywood
- The average income of a Drywood resident is $17,472 a year. The US average is $28,555 a year.
- The Median household income of a Drywood resident is $41,875 a year. The US average is $69,021 a year.